Valuation NTPC Ltd Bombay S.E.

Stocks

NTPC

INE733E01010

Independent Power Producers

Market Closed - Bombay S.E. 06:27:49 2026-09-21 EDT			5-day change	1st Jan Change
326.50 ^INR	+0.77%		-2.04%	-0.90%

09-16	Ntpc Ltd. Confirms Redemption for INR 6,700 Million Bonds on Maturity	CI
08-31	NTPC Limited Announces Board Cessations, Effective August 31, 2026	CI

Company Valuation: NTPC Ltd

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	1,309,050	1,697,886	3,256,140	3,467,528	3,594,069	3,164,992	-	-
Change	-	29.7%	91.78%	6.49%	3.65%	-11.94%	-	-
Enterprise Value (EV) ¹	2,990,965	3,510,445	5,062,325	5,272,178	5,474,576	5,241,021	5,237,643	5,261,847
Change	-	17.37%	44.21%	4.15%	3.84%	-4.27%	-0.06%	0.46%
P/E	8.12x	9.88x	19.2x	17.7x	15.5x	14.1x	13.3x	13.3x
PBR	1.02x	1.22x	2.17x	2.15x	2.06x	1.66x	1.55x	1.42x
PEG	-	1.48x	-13.62x	1.1x	0.9x	-4.91x	2.33x	-46.55x
Capitalization / Revenue	1.13x	1.04x	2.01x	2.04x	2.17x	1.69x	1.58x	1.54x
EV / Revenue	2.58x	2.14x	3.13x	3.1x	3.31x	2.8x	2.62x	2.56x
EV / EBITDA	8.84x	8.12x	11.7x	11.6x	12.2x	10.4x	9.75x	9.35x
EV / EBIT	13.2x	11.7x	17.3x	17.4x	19x	15.1x	14.5x	13.8x
EV / FCF	17x	19.4x	29.1x	25.9x	30x	58.3x	37.1x	23.4x
FCF Yield	5.88%	5.15%	3.43%	3.86%	3.33%	1.71%	2.7%	4.27%
Dividend per Share ²	7	7.25	7.75	8.35	9	9.574	10.21	10.18
Rate of return	5.19%	4.14%	2.31%	2.34%	2.43%	2.93%	3.13%	3.12%
EPS ²	16.62	17.73	17.48	20.26	23.89	23.2	24.53	24.46
Distribution rate	42.1%	40.9%	44.3%	41.2%	37.7%	41.3%	41.6%	41.6%
Net sales ¹	1,161,373	1,637,698	1,619,850	1,700,374	1,654,937	1,874,123	1,997,649	2,058,461
EBITDA ¹	338,457	432,284	431,824	453,732	447,991	502,531	537,027	562,817
EBIT ¹	226,116	300,917	292,392	303,173	287,682	346,887	360,396	382,525
Net income ¹	161,114	171,967	180,794	196,494	231,622	215,046	232,994	235,611
Net Debt ¹	1,681,915	1,812,559	1,806,184	1,804,650	1,880,506	2,076,030	2,072,652	2,096,855
Reference price ²	135.00	175.10	335.80	357.60	370.65	326.40	326.40	326.40
Nbr of stocks (in thousands)	9,696,666	9,696,666	9,696,666	9,696,666	9,696,666	9,696,666	-	-
Announcement Date	5/20/22	5/19/23	5/24/24	5/24/25	5/23/26	-	-	-

¹INR in Million²INR

Estimates

P/E, Detailed evolution

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ADANI POWER LIMITED	31.37x	7.27x	19.7x	-.--%	41.52B
NTPC LTD	13.95x	2.78x	10.38x	2.96%	32.71B
SDIC POWER HOLDINGS CO., LTD	15.12x	4.93x	9.78x	3.71%	17.08B
TALEN ENERGY CORPORATION	15.02x	4.91x	10.42x	-.--%	14.01B
CHINA RESOURCES POWER HOLDINGS COMPANY LIMITED	7.86x	2.85x	7.72x	5.22%	12.46B
HUADIAN POWER INTERNATIONAL CORPORATION LIMITED	11.22x	1.47x	8.14x	4.49%	7.99B
GS HOLDINGS CORP.	4.21x	0.63x	3.11x	3.04%	7.69B
CAPITAL POWER CORPORATION	50.9x	4.09x	9.67x	4.54%	6.88B
Average	18.71x	3.62x	9.86x	3%	17.54B
Weighted average by Cap.	19.93x	4.46x	12.27x	2.25%